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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 08/10/2023 05:13 EDT

Europe’s SpaceX competitor pushes rocket launch back to 2024

The European Space Agency’s next-generation heavy-lift rocket, Ariane 6, definitely won’t launch until at least 2024, the agency’s director general confirmed this week.  Ariane 6 was first scheduled to launch four years ago. However, the rocket has suffered a series of delays, attributed to technical issues, COVID-19, and design changes.  The ESA said the most recent setback was because it failed to complete a short hot firing test,, mimicking the... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 3 place · 08/09/2023 10:38 EDT

German rocket startup bags €30M as it eyes takeoff this year

While the US and China have dominated the space sector for decades, Europe is carving out a niche for itself: small satellites in low-Earth orbit (LEO).  One of the most promising startups in this space is Germany’s Rocket Factory Augsburg, which has just raised €30m from KKR, an American investment firm.   The cash injection will facilitate RFA’s upcoming launch test at the end of this year and help complete its... Read more

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The Next Web
Linnea Ahlgren @ The Next Web · 08/09/2023 08:45 EDT

TSMC to enter ‘Silicon Saxony’ with €10B chip plant

In a pivot toward Europe, Taiwanese chipmaker TSMC decided yesterday to invest in a €10bn chip factory in Germany.  With Taiwan under mounting pressure from Beijing to submit to mainland China authority, politicians — and customers — are increasingly concerned about disruptions to semiconductor supply chains. As such, the Taiwanese producer is looking to geographically diversify its dominant computer chip industry.  Taiwan Semiconductor Manufacturing Corporation, or TSMC, produces most of... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 08/09/2023 06:04 EDT

Deep learning model can steal data by listening to keystrokes with 95% accuracy

A team of UK researchers has trained a deep learning model to interpret keystrokes remotely based solely on audio. By recording keystrokes to train the model, they were able to predict what was typed on the keyboard with up to 95% accuracy. This accuracy dropped to 93% when using Zoom to train the system. According to the new research, this means that sensitive information like passwords and messages could be... Read more

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The Next Web
Jonathan Keane @ The Next Web · 08/09/2023 03:00 EDT

Why Europe’s grocery delivery space is in a state of flux

As July drew to a close, Getir announced plans to withdraw from three more markets. The Turkish rapid grocery delivery startup pulled out of Spain, Portugal, and Italy, in a move that reduced its European footprint to just four countries. It’s the latest chapter in a string of difficult encounters for the company and for the q-commerce or rapid grocery delivery market more generally in Europe. The space is undergoing... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 08/08/2023 12:10 EDT

Taiwan taps European satellite firms to protect wartime communications

As fears of war with China escalate, Taiwan is seeking European support for its communications systems. The island nation recently tapped services from two satellite firms on the continent: the UK’s OneWeb and Luxembourg’s SES. To avoid disruption during a potential conflict, SES will implement a medium-earth orbit (MEO) satellite network, Taipei’s digital ministry announced last week. SES confirmed the project to TNW on Monday. The company said it aimed... Read more

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The Next Web
Aoife Barry @ The Next Web 3 place · 08/08/2023 10:18 EDT

The career crossroads: 6 signs you’ve outgrown your job

We all know that feeling of nervous excitement on the first day of a new job. There’s so much potential ahead of you: to grow, to learn, to be part of a workplace, to make new friends.  But not every job is supposed to last forever, and some have a shorter timespan than others. In recent years, we saw what was called the “great resignation”, but sometimes you just get... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 08/08/2023 10:12 EDT

ESA satellites capture the extent of Europe’s wildfires

In recent weeks devastating wildfires have swept across Greece, Italy, Spain, and Portugal, causing several fatalities, the displacement of thousands of people, and widespread damage to infrastructure.   More than 260,000 hectares of land across the EU has already burnt since January — an area the size of Luxembourg. Many fires are still raging across swathes of southern Europe and beyond. In response to the increasing threat of wildfires, the European... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 08/08/2023 08:57 EDT

Norway fines Meta 1 MILLION crowns per day over data harvesting for behavioural ads

Meta’s litany of European privacy sanctions in 2023 just got a little longer. After a €390mn fine for illegal personalised ads, another €5.5mn hit for similar violations in WhatsApp, and a GDPR record €1.2bn for unsafe data transfers, this week yet another punishment arrived — and the sentence did not disappoint. Norwegian regulators have demanded a gloriously round figure that would make Dr Evil proud: 1 MILLION crowns (€89,000) per... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 08/08/2023 05:35 EDT

Germany’s Marvel Fusion to build $150M laser facility in US

Scientists are edging closer to a fusion energy system that doesn’t rely on magnetic field-based tokamak reactors or twisty stellarators. German startup Marvel Fusion has teamed up with Colorado State University to build the world’s first facility dedicated to commercialising inertial confinement — a type of fusion reaction produced by slamming atoms together many times per second using high-intensity lasers. Interest in this type of fusion has increased since scientists... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 2 place · 08/07/2023 08:57 EDT

Aerospace tech company to issue contrail reduction ‘credits’

UK-based aerospace software startup ZEROAVIA announced today that sustainability certification body Gold Standard has approved its methodology concept to issue what could be referred to as “contrail credits.”  Rather than offsetting carbon emissions directly (like carbon credits), they will offer an avenue for airlines to “make up” for the warming effects equivalent to that of carbon dioxide, by mitigating the non-CO2 climate impact of air travel.  Everyone knows that aeroplanes... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 08/07/2023 06:02 EDT

Dev world mourns loss of Vim creator Bram Moolenaar

Developers across the world are mourning the loss of Bram Moolenaar, renowned Dutch software engineer and creator of the Vim text editor. Moolenaar passed away on August 3, 2023, after suffering from a medical condition that “rapidly progressed over the last few weeks,” according to a statement shared by his family on the Vim-announce Google Group. Vim, short for “Vi IMproved,” is a free and open-source, screen-based text editor that... Read more

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The Next Web
Jonathan Keane @ The Next Web 2 place · 08/07/2023 05:46 EDT

European fintech players are bracing for market consolidation

When Monzo published its latest annual revenue figures in February, it provided a flicker of light after months of headlines about fintech down rounds and job cuts. The accounts showed that the UK digital bank was now profitable with a net operating income of £214.5 million (€249mn). The news will cheer up Monzo after seeing its valuation cut during the pandemic but for some of its peers in Europe the... Read more

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The Next Web
Thomas Macaulay @ The Next Web 1 place · 08/04/2023 10:23 EDT

Adopting robots makes profits drop before they rise, study finds

As demand for industrial robots surges, new research suggests the rewards are slow to materialise. According to the Cambridge University study, robots typically cause early losses before they can yield a payoff. The researchers analysed industry data across 25 EU countries between 1996 and 2017. They found that when adoption levels are low, robots can have a negative effect on profit margins. As the uptake increases, however, automation drives the... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 08/03/2023 12:22 EDT

Airbus joins transatlantic mission to build ISS replacement

As the International Space Station approaches retirement, a transatlantic team is creating a replacement: Starlab. Airbus and US startup Voyager this week that they have formed a joint venture for the project. The two companies will develop, build, and operate Starlab, which aims to further unite the US and Europe in space. “This pioneers continued European and American leadership in space that takes humanity forward,” said Jean-Marc Nasr, Head of... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 08/03/2023 08:02 EDT

France’s AFP sues Twitter over non-payments for displaying news

A bad week for Elon Musk just got even worse. After enduring a scandal over Tesla’s driving ranges, a risible rebrand of Twitter, and a divisive feud with hate-speech researchers, Musk discovered yet another powerful enemy: Agence France-Presse (AFP). The French news agency announced on Wednesday that it’s suing X — Musk’s new name for Twitter — over alleged non-payments for displaying AFP content. The case stems from EU copyright... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 08/02/2023 11:12 EDT

Meta succumbs to EU pressure, will seek user consent for targeted ads

Meta operates a highly targeted advertising model based on the swathes of personal data you share on its platforms, and it makes tens of billions of dollars off it each year.  While these tactics are unlikely to end altogether in the near future, the company could soon offer users in the EU the chance to “opt-in” to the ads, the Wall Street Journal reports.  Since April, Meta has offered users... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 08/02/2023 06:44 EDT

UK chipmaker Arm targets $60B-plus valuation for September IPO

British chip maker Arm is targeting an initial public offering (IPO) at a valuation of between $60bn and $70bn as early as September, amid surging demand for semiconductors for cloud computing, AI, and EV applications.   The roadshow is scheduled to start the first week of September with pricing for the IPO the following week, Bloomberg reports, citing people familiar with the matter. A roadshow in this context is a series... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 08/01/2023 12:39 EDT

New DeepMind AI model can control robotic actions it was never trained to do

Google DeepMind has a new AI model that can direct robotic tasks it was never trained to perform. Named RT-2, the model learns from web and robotics data. It then turns this information into simple instructions for machines. In tests, the model was asked to take actions never seen in the robotic data, such as placing oranges in a matching bowl. To follow these commands, the system had to translate... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 08/01/2023 11:29 EDT

Europe’s ‘dark universe’ telescope returns first images of deep space

Europe’s new space telescope Euclid has returned its first sparkling images of deep space, in a “tantalising glimpse” of what is to come.  The images are not only mesmerising, but they also show that all the telescope’s instruments are running smoothly. This must come as a major relief to scientists at the European Space Agency, who have spent €‎1.4bn over the last 16 years developing the telescope.   Euclid was launched... Read more

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